2021 Newly Built Fourplex
5542 Romaine St Los Angeles, CA 90038
5542 Romaine St, Los Angeles, CA, 90038
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For Sale
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Pending
Newly constructed 2021 fourplex with en-suite bedrooms and nearly 8,500 SF total living space.
Days on Market103
Property Features for 5542 Romaine St
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
Keller Williams Larchmont
(323) 762-2600
Listed by
Vinnie Park · License #CA 02015848
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 4:50AM Checked: Jul 21 at 4:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Larchmont
Investment Insights
Based on property information with market context.
5542 Romaine St presents a 2021 newly constructed fourplex offering nearly 8,500 square feet of total living space, approximately 2,000 square feet per unit. Each unit is designed with an en-suite in every bedroom, supporting privacy while delivering a more spacious, residential feel.
The property is described as being located in an Opportunity Zone within Hollywood, positioned above Hancock Park and Larchmont Village. The public remarks also note close proximity to major entertainment employers and studios, including Netflix and the Paramount studio, along with nearby grocers, restaurants, shopping, and cafes on Melrose.
For buyers considering a 1031 exchange, the remarks indicate the asset is being marketed with a projected 5.71% cap rate tied to its Opportunity Zone location, along with associated tax benefits.
The property is described as being located in an Opportunity Zone within Hollywood, positioned above Hancock Park and Larchmont Village. The public remarks also note close proximity to major entertainment employers and studios, including Netflix and the Paramount studio, along with nearby grocers, restaurants, shopping, and cafes on Melrose.
For buyers considering a 1031 exchange, the remarks indicate the asset is being marketed with a projected 5.71% cap rate tied to its Opportunity Zone location, along with associated tax benefits.
Key Highlights
- Newly constructed 2021 fourplex with nearly 8,500 SF total living space
- Approx. 2,000 SF per unit in a fourplex layout
- En‑suite bedrooms in each unit for added privacy
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Newly constructed 2021 fourplex with en-suite bedrooms and nearly 8,500 SF total living space.
Where is this quadplex located?
The property is located at 5542 Romaine St Los Angeles, CA.
What are key features of this property?
This property features: Newly constructed 2021 fourplex with nearly 8,500 SF total living space; Approx. 2,000 SF per unit in a fourplex layout; En‑suite bedrooms in each unit for added privacy